PUBLISHER: Orion Market Research | PRODUCT CODE: 1749610
PUBLISHER: Orion Market Research | PRODUCT CODE: 1749610
6G Market Size, Share & Trends Analysis Report by Deployment Device (Smartphones, Tablets, Wearables, IoT Devices, and Others), by Application (Distributed Sensing and Communication, Blockchain, Multisensory Extended Reality Systems, and Connected Robotics and Autonomous Systems), and by Industry Vertical (Agriculture, Healthcare, Education, Entertainment, Autonomous, Public Safety, Manufacturing, and Others), Forecast Period (2025-2035)
6G market is anticipated to grow at a CAGR of 13.4% during the forecasted period (2025-2035). The 6G market refers to the future of mobile networks and the opportunities related to 6G technology. It is the next step of wireless communication and is expected to launch around 2030. The market growth is driven by key factors such as the demand for faster internet & low latency, which makes the rise in devices such as AR & VR glasses, IoT devices, smart-wearables, metaverse, and others that support the overall growth of the market globally. It is expected to provide users with better data speeds, minimal delays, improved energy efficiency, and more suitable connectivity, transforming how people communicate and interact with technology. The countries are fighting for 6G leadership, where South Korea is the first country to deploy 6G services to ensure better connectivity in the mobile industry.
The global 6G market is segmented by deployment device, application, and industry verticals. Based on the deployment device mode, the market is sub-segmented into smartphones, tablets, wearables, IoT devices, and others (laptops & computers). Based on the application, the market is sub-segmented into distributed sensing and communication, blockchain, multisensory extended reality systems, and connected robotics and autonomous systems. Further, based on industry verticals, the market is sub-segmented into agriculture, healthcare, education, entertainment, automotive, public safety, manufacturing, and others. Among the deployment devices, the smartphone segment is growing at a stable rate and is expected to hold a substantial market share owing to a rise in connectivity and smartphone users, most of the work is completed through smartphones such as the fast downloading, dependency on connection with anticipated devices, building connections through social media, and others. This user base and work enables the company to reshape the smartphone industry into a hub for 6G market growth. By leveraging the 6G market with connected components such as smart wearables, IoT devices, and smartphones, 6G can expand significantly in the market.
As seen in the rise of 6G technology, the manufacturing sub-segment goes through an evolution phase. The connectivity between the machines and sensors with 6G networks is completely transforming the production process by providing data distribution, machine automation, and communication. Compatibility between the machines, systems, and equipment is possible through this 6G market industry, where utilizing this network benefits the manufacturing industry by accessing real-time processes, thereby saving huge costs on product efficacy, cutting production time, and increasing overall productivity.
The global 6G market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, Russia, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, ASEAN economies, Australia & New Zealand and Rest of Asia), and the Rest of the World (the Middle East & Africa, and Latin America).
Among all the regions, the Asia-Pacific region is estimated to lead the 6G global market, driven by rapid urbanization and significant government investments in smart infrastructure. Governments in these regions, such as Japan, India, South Korea, and Australia, and actively investing in R&D in 6G technology, creating vigorous regulatory frameworks to foster innovation and adoption across both public and private sectors. The strategy by countries aims to develop urban areas, strengthen public and data safety, and optimize resources through sensors and real-time data analytics.
Regional growth is also driven by technological advancement and the adoption of smartphones. A high acceptance of 3D display technologies is on the boom, including display in defense & entertainment, which is an important factor supporting the development of the regional industry. This demand is also driven by video games with internet 6G connectivity for the best gaming experience for gamers.
The rise of 6G technology in various industries, including healthcare, is boosting significant opportunities for the 3D display market with its high-speed connectivity and low latency, 6G enhances medical applications such as remote surgeries and procedures that contribute to better surgical precision, reducing operation times and efficient quick planning.
The major companies serving the 6G market include Google LLC, Huawei Technologies Co. Ltd, Samsung Electronics, AT&T Inc., Cisco Systems, Inc., Nokia Corp., Qualcomm Technologies Inc., and others. These market players contribute to the market growth by using various strategies like investing in R&D, partnerships, mergers and acquisitions, and new product launches, to stay competitive in the market. For instance, In November 2022, NTT Docomo and SK Telecom came with a partnership to drive innovation in both 5G and future 6G technologies. Their collaboration aims to develop open and virtualized RAN solutions, paving the way for more advanced and efficient cellular networks.
In addition, during the same period, Ericsson Telecommunications Company announced its plan to strengthen its presence in the UK by investing in R&D, focusing on 6G technology. The company is committed to growing by 10 million over the next decade to support its initiative, highlighting its long-term vision for advancing next-generation wireless communication systems.
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